Off-Topic Stock Market & Crypto Discussion

[Bird4um]

XRP looking good too.

 

[Cmuri]

 

[mr.h]

GDP Wednesday…

 

[Cmuri]

I had $25k sitting in some mutual funds in the past and made a mini MAGA IRA with it for fun. It’s only been a month but It’s actually performing better than expected.

DJT
RUM
TSLA
VST

 

[mr.h]

SD Core Personal Consumption Expenditures (QoQ) (Q3) PREL TRADE NOW
2.1% -0.98 2.2% 2.2%
8:30 AM
USD Durable Goods Orders (Oct) TRADE NOW
0.2% -0.07 0.5% -0.7%
8:30 AM
USD Durable Goods Orders ex Defense (Oct)
0.4% - - -0.9%
8:30 AM
USD Durable Goods Orders ex Transportation (Oct) TRADE NOW
0.1% -0.31 0.2% 0.5%
8:30 AM
USD Goods Trade Balance (Oct) PREL
- - $-99.9B $-109B
8:30 AM
USD Gross Domestic Product Annualized (Q3) PREL
2.8% 0.00 2.8% 2.8%
8:30 AM
USD Gross Domestic Product Price Index (Q3) PREL TRADE NOW
1.9% 0.63 1.8% 1.8%
8:30 AM
USD Initial Jobless Claims (Nov 22) TRADE NOW
213K -0.72 217K 215K
8:30 AM
USD Initial Jobless Claims 4-week average (Nov 22)
217K - - 218.25K
8:30 AM
USD Nondefense Capital Goods Orders ex Aircraft (Oct)
-0.2% - - 0.7%
8:30 AM
USD Personal Consumption Expenditures Prices (QoQ) (Q3) PREL
1.5% 0.00 1.5% 1.5%

GDP annualized..even
GDP price index..up
Core personal consumption..down
Durable goods orders..down..ex defense up
Initial jobless claims..down
Personal consumption expenses..even

Basically GDP strong and jobless claims down equals a strong economy. I think we see a small interest rate cut.

 

[mr.h]

Job numbers next week…

 

[Bird4um]

XRP ran threw 2.00$

 

[mr.h]

APPL hits record highs.

 

[mr.h]

Job openings jump

 

[TheEye]

anyone predicting a boom and bust?

 

[mr.h]

anyone predicting a boom and bust?

Blue Skys, but nothing goes straight up.

 

[TheEye]

Blue Skys, but nothing goes straight up.

Ok. No warnings of bank collapse? Sell offs on real estate and crypto?

 

[mr.h]

Ok. No warnings of bank collapse? Sell offs on real estate and crypto?

We’ll see..Trump is being handed a strong economy but with a lot of debt.

 

[GladeCane]

Ok. No warnings of bank collapse? Sell offs on real estate and crypto?

Crypto is booming right now.

 

[GladeCane]

Anyone got the skinny on PLTR? Everyone i know, says stay away it's going to crash, but that's been at $25, $50; and now it's at $70.

 

[mr.h]

Anyone got the skinny on PLTR? Everyone i know, says stay away it's going to crash, but that's been at $25, $50; and now it's at $70.

May have missed it..

Service sector reports tomorrow and factory orders…should be strong

 

[GladeCane]

May have missed it..

Service sector reports tomorrow and factory orders…should be strong

I'm already over exposed in the crypto sector, but I'm buying anyway.

 

[TheEye]

Crypto is booming right now.

I see what is happening now, but I was wondering if there were signs of a sell off on the horizon.

 

[Bird4um]

Anyone got the skinny on PLTR? Everyone i know, says stay away it's going to crash, but that's been at $25, $50; and now it's at $70.

It’s software will change the world.

 

[GladeCane]

I see what is happening now, but I was wondering if there were signs of a sell off on the horizon.

The big factor effecting crypto has been the threat of over regulation/taxation and that has been removed with Trump's win. As more certainty has been brought to the market, we can expect to see more institutions getting involved in crypto.

I currently own IBIT and BRPH and I expect both to continue to do well. As long as the SEC makes sensible regulations, it should be full steam ahead.